PDF Mid Cap Growth - Wellington Management Company

WELLINGTON TRUST COMPANY, NA

AS OF MARCH 31, 2016

Mid Cap Growth

The Portfolio is a collective investment fund maintained by Wellington Trust Company, NA (Wellington Trust), and is available for investment only by qualified retirement plans and their plan participants.

INVESTMENT OBJECTIVE

The objective of the Mid Cap Growth Equity (Series 1) Portfolio is to provide long-term total return in excess of the Russell Midcap Growth Index.

MANAGEMENT OF THE PORTFOLIO

Wellington Trust is the Portfolio's trustee and investment manager. Wellington Trust is a subsidiary of Wellington Management Group LLP, a Massachusetts limited liability partnership (WMG). Wellington Trust has retained other subsidiaries of WMG, including Wellington Management Company LLP (Wellington Management), to provide investment management and related services to the Portfolio.

Wellington Management Portfolio Manager

Francis Boggan, CFA Senior Managing Director, Equity Portfolio Manager MBA, University of Southern California, 1981 34 years of professional experience

FUND DETAILS

Assets NAV** Inception Date Gross Expense Ratio Net Expense Ratio Acquired Fund Fees and Expenses*

USD 144 million USD 9.07 August 2006 0.76% 0.75% 0.00%

Gross Expense Ratio reflects Portfolio fees and expenses before any expense reimbursement as of 08/31/2015, the Portfolio's fiscal year end. Net Expense Ratio reflects Portfolio fees and expenses after an expense reimbursement currently in effect, whereby Wellington Trust limits certain Portfolio operating expenses so that they do not exceed 0.05%. This expense limit is effective until at least October 31, 2017. At that time, Wellington Trust may elect to extend, adjust or discontinue the expense limit. The expense limit does not apply to operating expenses of other pooled investment vehicles in which the Portfolio invests (acquired funds).

*Acquired Fund Fees and Expenses represent the pro rata share of operating expenses of acquired funds. Aggregate acquired fund expenses for the period are included in the expense ratios if greater than 0.01%. See the Portfolio Profile for details on fees and expenses.

**The fund processed a 2 for 1 unit split as of July 16, 2015.

Average Annual Returns (%) Through March 31, 2016

CIF II Mid Cap Growth

Russell Midcap Growth Index**

YTD 3 Mos 1 Yr 1.80 1.80 -10.77 0.58 0.58 -4.75

3 Yrs 9.40 10.99

5 Yrs 5.43 9.99

Since Inception* 6.48 8.47

*The Portfolio began operations on 08/31/2006. **See "Other Important Information" for information about index(es).

The table above shows the Portfolio's past performance, which is no guarantee of future results. The value of an investment in the Portfolio will vary over time, and you could lose money by investing in the Portfolio. Returns are shown net of the Portfolio's fees and expenses, and include the reinvestment of dividends and capital gains. Portfolio returns also reflect the effect of any fee waiver or expense reimbursement in effect during the period. Index performance does not reflect the deduction of fees or expenses, but does reflect the reinvestment of dividends and capital gains. Returns for periods less than one year are not annualized.

PORTFOLIO CHARACTERISTICS

Investment Style Asset-Weighted Market Capitalization Beta (3 Yr) Tracking Risk (3 Yr, annualized) Turnover*

Mid Cap Growth USD 10.2 billion 1.1 5.1% 104%

*Turnover is as of 08/31/2015, the Portfolio's fiscal year end.

SECTOR DISTRIBUTION (%)

40

30

20

PORTFOLIO PERFORMANCE

Calendar Year Returns (%)

60 40 20 8.10

0 -20

56.07

49.15

25.69

5.12

3.51

-6.89

-7.09

-40

-60

-46.42

2007 2008 2009 2010 2011 2012 2013 2014 2015

10

0

Cons DiscIrneftoioTneacrhynInodlougsytrialsHealth CaFreinancialsCons StapMleasterials Energy Telecom SUvtcilsities

Mid Cap Growth

Russell Mid Cap Growth Index

Wellington Trust Company, National Association Multiple Collective Investment Funds Trust II, Mid Cap Growth (Series I) Portfolio

Quarterly Fact Sheet Not FDIC Insured ? May Lose Value ? No Bank Guarantee

Mid Cap Growth

TOP 10 HOLDINGS

Company Name (Country)

Industry

% Equities

Belden (United States)

Tech Hardware & Equip

4.4%

Group (United States) Software & Svcs

3.3

CDW (United States)

Tech Hardware & Equip

3.2

Nielsen Holdings (United States) Commercial &

3.2

Professional Svcs

Alliance Data System (United States) Software & Svcs

3.1

ICON (Ireland)

Pharm, Biotech & Life Sciences 3.0

Old Dominion Freight (United States) Transportation

2.4

Harman Intl Inds (United States) Consumer Durables & Apparel 2.4

Michaels Cos Inc/The

Retailing

2.2

(United States)

Dollar General (United States)

Retailing

2.2

Total of Top 10

29.4%

Number of Equity Names

69

The information in this Quarterly Portfolio Factsheet supplements a more complete description of the Portfolio in its Portfolio Profile. Before investing, please review and consider the important information about the Portfolio's investment strategy, risks, expenses and operations detailed in the Portfolio Profile.

Important Risk Information There is no guarantee the Portfolio's investment strategy will be successful. Investing involves risk, and an investment in the Portfolio could lose money. The Portfolio's principal risks include: Manager Risk: Investment performance depends on the portfolio management team and the team's investment strategies. If the investment strategies do not perform as expected, if opportunities to implement those strategies do not arise, or if the team does not implement its investment strategies successfully, an investment portfolio may underperform or suffer significant losses; Equity Market Risk: Equity markets are subject to many factors, including economic conditions, government regulations, market sentiment, local and international political events, and environmental and technological issues; Smaller Capitalization Stock Risk: The share prices of small and mid-cap companies may exhibit greater volatility than the share prices of larger capitalization companies. In addition, shares of small and mid-cap companies are often less liquid than larger capitalization companies; Limits on Trading: Wellington Management retains the right to suspend/limit trading in order to curb abusive trading or in case of market disruption.

Additional Risks The strategy is also subject to the following risks: Non-US Investment Risks, Issuer Specific Risk, Risks of Investments in Other Pools and Risks of Derivative Instruments. Information about these and other investment risks is available from your plan administrator.

Other Important Information:

This document does not constitute an offer to sell or the solicitation of an offer to purchase shares or other securities. The Portfolio is available exclusively to, and the information provided above is designed for, certain qualified retirement plans and their participants and beneficiaries as described under "About Wellington Trust and the Portfolio" within the Portfolio Profile.

The Portfolio is a collective investment fund established within the Wellington Trust Company, NA Multiple Collective Investment Funds Trust II (the "Trust") and is designed for use by employee benefit plans which are exempt from taxation under Section 501(a) of the Internal Revenue Code of 1986, by reason of qualifying under Section 401(a) of the Code. Wellington Trust Company, NA ("Wellington Trust"), a national banking association whose business is to provide investment management, trust and other fiduciary services, serves as trustee of the Trust and manages the strategy's investments. The terms of the Plan and Declaration of Trust are incorporated herein by reference and should be reviewed for a complete statement of its terms and provisions. The Portfolio is not FDIC-insured, may lose value and is not guaranteed by a bank or other financial institution. Neither the Portfolio nor the units representing beneficial interest therein are registered with the Securities and Exchange Commission and thus are not subject to the requirements applied to "mutual funds" or the sale of mutual fund shares under the Investment Company Act of 1940.

Wellington Trust is a subsidiary of Wellington Management Group LLP, a Massachusetts limited liability partnership (WMG). Wellington Trust has retained other subsidiaries of WMG, including Wellington Management Company LLP ("Wellington Management") to provide investment management and administrative services for Wellington Trust, on behalf of the Trust. Wellington Trust has claimed an exclusion from the definition of the term "commodity pool operator" under the Commodity Exchange Act and, therefore, is not subject to registration or regulation as a pool operator under said Act.

Actual performance results of the Portfolio are shown net of all actual ongoing Portfolio expenses, after the effect of any contractual or voluntary expense cap. Returns could have been lower without the cap (when applicable). Future costs and expenses, and in turn future Portfolio returns, may vary depending on, among other things, redemptions, Portfolio size, and the performance of the Portfolio. Details regarding any expense cap of the Portfolio are available upon request.

Any securities listed are not representative of all securities purchased, sold, or recommended. It should not be assumed that an investment in the securities identified has been or will be profitable.

The Portfolio's performance is compared with that of the index or indexes described below. The securities in the Portfolio may differ significantly from the securities in the index or indexes to which the Portfolio is compared. The Portfolio's performance is compared with following index or indexes:

Russell Midcap Growth Index : The Russell Midcap Growth Index measures the performance of the mid-cap growth segment of the US equity universe. It includes those Russell Midcap Index companies with higher price-to-book ratios and higher forecasted growth values.

Wellington Trust Company, National Association Multiple Collective Investment

2

Funds Trust II, Mid Cap Growth (Series I) Portfolio

Quarterly Fact Sheet Not FDIC Insured ? May Lose Value ? No Bank Guarantee

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